Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $132,847

• 1e · Government grants (contributions)

  $809,952

• 1f · All other contributions, gifts and grants

  $1,218,621

• 1g · Noncash contributions included above

  $218,000

• 2a · Program service revenue: TRAINING & PLACEMENT F

  total $10,449,791 · related or exempt $10,449,791

• 2b · Program service revenue: ASCENDIUM

  total $40,000 · related or exempt $40,000

• 3 · Investment income

  total $380,302 · excluded $380,302

• 6a · Gross rents

  real property $2,800

• 6b · Less rental expenses

  real property $0

• 6c · Rental income or loss

  real property $2,800

• 6d · Net rental income or loss

  total $2,800 · excluded $2,800

• 8a · Fundraising events: gross income

  $33,859

• 8a · Fundraising events: contributions included on line 1c

  $132,847

• 8b · Fundraising events: direct expenses

  $63,620

• 8c · Net income from fundraising events

  total -$29,761 · excluded -$29,761

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $590,780 · program services $83,520 · management and general $506,479 · fundraising $781

• 7 · Other salaries and wages

  total $10,034,374 · program services $9,094,364 · management and general $719,357 · fundraising $220,653

• 8 · Pension plan contributions

  total $304,511 · program services $282,520 · management and general $15,676 · fundraising $6,315

• 9 · Other employee benefits

  total $1,235,439 · program services $1,103,146 · management and general $107,705 · fundraising $24,588

• 10 · Payroll taxes

  total $842,680 · program services $738,714 · management and general $86,506 · fundraising $17,460

• 11b · Fees: legal

  total $48,033 · management and general $48,033

• 11c · Fees: accounting

  total $107,303 · program services $1,663 · management and general $105,614 · fundraising $26

• 11d · Fees: lobbying

  total $40,000 · fundraising $40,000

• 11f · Fees: investment management

  total $13,528 · management and general $13,528

• 11g · Fees: other

  total $579,003 · program services $381,123 · management and general $177,565 · fundraising $20,315

• 12 · Advertising and promotion

  total $109,750 · program services $109,466 · management and general $235 · fundraising $49

• 13 · Office expenses

  total $328,414 · program services $230,233 · management and general $97,292 · fundraising $889

• 14 · Information technology

  total $251,717 · program services $196,968 · management and general $50,531 · fundraising $4,218

• 16 · Occupancy

  total $66,854 · program services $56,186 · management and general $8,215 · fundraising $2,453

• 17 · Travel

  total $46,970 · program services $36,988 · management and general $8,854 · fundraising $1,128

• 19 · Conferences, conventions and meetings

  total $20,120 · program services $12,581 · management and general $6,921 · fundraising $618

• 20 · Interest

  total $83,029 · program services $60,182 · management and general $18,078 · fundraising $4,769

• 22 · Depreciation, depletion and amortization

  total $147,965 · program services $133,410 · management and general $3,984 · fundraising $10,571

• 23 · Insurance

  total $122,795 · program services $114,697 · management and general $6,365 · fundraising $1,733

• 24a · Other expenses: MISCELLANEOUS EXPENSES

  total $184,878 · program services $182,665 · fundraising $2,213

• 24b · Other expenses: BAD DEBT

  total $89,879 · program services $89,879

• 24c · Other expenses: MEMBERSHIP DUES

  total $2,215 · program services $2,036 · management and general $179

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $284,500 · end of year $806,976

• 2 · Savings and temporary cash investments

  beginning of year $4,341,458 · end of year $1,473,709

• 3 · Pledges and grants receivable

  beginning of year $571,268 · end of year $224,779

• 4 · Accounts receivable

  beginning of year $2,100,908 · end of year $2,179,074

• 7 · Other notes and loans receivable

  beginning of year $2,876,800 · end of year $2,876,800

• 8 · Inventories for sale or use

  beginning of year $307

• 9 · Prepaid expenses and deferred charges

  beginning of year $75,276 · end of year $76,992

• 10a · Land, buildings and equipment: cost or other basis

  $403,432

• 10b · Land, buildings and equipment: accumulated depreciation

  $178,416

• 10c · Land, buildings and equipment, net

  beginning of year $271,966 · end of year $225,016

• 11 · Investments: publicly traded securities

  beginning of year $5,359,943 · end of year $5,701,157

• 15 · Other assets

  beginning of year $3,532,442 · end of year $3,478,822

• 17 · Accounts payable and accrued expenses

  beginning of year $624,751 · end of year $850,236

• 19 · Deferred revenue

  end of year $6,800

• 25 · Other liabilities

  beginning of year $4,227,774 · end of year $3,755,640

• 27 · Net assets without donor restrictions

  beginning of year $14,190,012 · end of year $12,214,569

• 28 · Net assets with donor restrictions

  beginning of year $372,331 · end of year $216,080

The filer's explanations (Part III)

PART I, LINE 4A

DURING THE YEAR JULIAN NICKS, EXECUTIVE DIRECTOR, RECEIVED A SEVERANCE PAYMENT OF $48,750